Apply Federal Bank Master Premium Debit Card – Benefits, Eligibility, Cashbacks, Rewards

Apply for Federal Bank Master Premium Debit Card this card is specially designed for the FedSelect Customers with premium features. In the previous article, we have given about the Federal Bank Shop N Save Debit Card. Here we have provided all the Federal Bank Master Premium Debit Card details like features, eligibility, fee & charges, required documents, etc. People who are interested to apply for the Federal Bank Master Premium Debit Card have to check the cashback offers, reward points, the movie offers and travel offers provided by the card. Also, know how to apply for Federal Bank Master Premium Debit Card.

About Federal Bank Master Premium Debit Card

Federal Bank Master Premium Debit Card is loaded with many special benefits and suitable for all kinds of financial needs and luxuries it also maximizes your saving transactions. The benefits include in Federal Bank Master Premium Debit Card it gives you a soft pin facility, secure real-time SMS alerts on every transaction, high cash withdrawals, personalized photo Id designed on your card, airport lounge access, discounts on the merchant outlets and many more benefits while accessing the card.

Card NameFederal Bank Master Premium Debit Card
BankFederal Bank
Card TypeDebit Card
Daily withdrawal limit2,00,000/-
Purchase limit2,00,000/-
Annual ChargesApplicable
Reward Pointsget Utsav reward points on every spent.
International Usageyes
Official Website Click here

Features and benefits of Federal Bank Master Premium Debit Card

  • The daily Cash Withdrawal limit is given up to 2 lakhs.
  • Daily Shopping limit is given up to 2,00,000/-
  • The total limit of 4,00,000/-
  • Premium Airport lounge facilities in major airports across the country.
  • Signature & PIN-based authentication at PoS outlets.
  • Fully Personalized debit card with security like a personalized photograph.
  • Get discounts and offers on dining, movies, travel, shopping & more

Fee & Charges

Federal Bank Master Premium Debit Card Charges and Fees as follows.

Type of parametersCharges
Joining feeNil
Annual fee300 Rs
Cash withdrawal limit2,00,000/-
Purchase limit2,00,000/-
Total limit4,00,000/-
Financial transaction at ATM’s other than federal Bank ATM’s20 Rs per transaction for Savings Account and Current Account
Non – financial Transactions at ATM’s other than the federal bank10 Rs per transaction for Savings Account and Current Account
Card Replacement Charges200 Rs + GST
Cash withdrawal transaction using withdrawal slip if within the counter withdrawal limit.25/-
Cash withdrawals above the monthly counter withdrawal limit will charges50 Rs per transaction
For use of ATMs for financial transaction & Non- financial transactionsNil
Federal Bank Master Premium Debit Card eligibility
  • All  Savings Bank Account cardholders/ Current account holders/Overdraft account holders are eligible for the Master Premium Debit Card.
  • No – frills Account holders are not eligible for this card.
  • For the Master Premium Debit Card, your minimum age must be 18 years.
  • He/she should be an Indian Resident.

Required documents

The following documents are required for the Master Premium Debit Card.

  1. Permanent Address proof.
  2. Latest 3 passport size Color photographs.
  3. Contact details like mobile no and email-id.
  4. identity proof like Aadhar card, driving license, voter id, and pan card.
  5. Recent last 3 months salary slip for a salaried Individual.
Welcome gits
  • Get a complimentary Premium lounge facility with your Master Premium Debit card.
  • Get up to 12% off on airfares when you fly on Emirates flights.
  • Get Flat 15% off at Restaurants across India with your Federal Bank Master card Debit Card.
  • Get 10% cashback off at shopping on myntra products online.
Cashback & Reward points
  • Get offers and discounts on merchant outlets in such categories like dining, shopping, watching movies and paying bills, etc.
  • Get One Utsav Point on every 100 Rs spent.
  • Get Redeem Utsav Reward Points on a wide range of products, air tickets, movies, gift vouchers & more.
  • Get Flat 25% cashback off in inox movie tickets with your federal bank debit card.

How to Apply for Federal Bank Master Premium Debit Card

To apply for the Federal Bank Master Premium Debit Card just follow the below instructions.

  1. First, you have to visit the Federal Bank website
  2. Next, you have to click on Forms & Stationery page >> Application form of the Master Premium debit card take a print out of the form and fill your details.
  3. Submit the application form to one of your nearest Federal Bank branches.
  4. They will give you Insta debit Card & PIN at the time of your application submission.
  5. If you have any doubts regarding the card just contact your nearest branch for more details.

Download the Federal Bank Master Premium Brochure

Card Review

Seeresha – Banglore

I have been using my saving account with Federal bank from past 3-4 years, I got this saving account and salary, they have given me good interest rate, there is transparency in this account compare to other banks, I use to get interested from this account, their overall service is good.

Varun – Hyderabad

I have a savings account with the Federal BANK the transactions with this bank is an easy and no-hassle process to access. I use online banking instead of using offline banking because it is comfortable and smooth also a quick process. The service is good.

Contact details

Customer Care: 1800 420 1199

Federal Bank Master Premium Debit Card is one of the best debit cards with so many benefits this card gives you Premium airport lounge access and discounts on the merchant establishments and more while using the card. Also, know about Federal Bank Master Premium Debit Card features, eligibility, required documents and how to apply for the card. Still, if you have any doubts regarding the card comment below and don’t forget to share this article with your friends and family.

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